Economy To Cause Increase in Litigation in 2010

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Because of the economic crisis, law firms will see an increase in legal disputes and litigation in 2010, according to Fulbright & Jaworski’s 6th annual Litigation Trends Survey Report. Smart firms will adjust their law firm marketing to capitalize on this trend.

For the second consecutive year, expectations of an increase in legal disputes across the entire survey sample have risen, from 22% in 2007, to 31% in 2008 and 40% this year.

• A majority of the largest companies surveyed expected an increase (52%), compared with 43% last year, and about 33% the previous two years.

• A dramatic rise in litigation is expected by smaller companies -- from just 5% in 2007 to 22% last year to 30% this year.

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Published In: Business Torts Updates, Firm Marketing Updates, Professional Practice Updates, Personal Injury Updates, Products Liability Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Larry Bodine, The National Trial Lawyers Association | Attorney Advertising

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